Are you sure it's just not a case of a share reaching its peak for the time being and it's consolidating here before the next announcement pushes it higher.
DonC told us early this morning that we'll get a gold pour announcement for plant#1 next week, he also told us that the commissioning phase is likely to go for six weeks until 30June and produce around 1000 ozs Au in total for this period which together with plant#2's production of 9000 ozs Au will mean this quarter will produce around 10k ozs Au or similar to the March qtr.
The commissioning phase will be very similar to plant#2's performance as per this announcement from last year:
Microsoft Word - 230518 Chatree Refining Update (asx.com.au)
Are you sure it's just not a case of a share reaching its peak...
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Last
$1.56 |
Change
-0.020(1.27%) |
Mkt cap ! $402.0M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.60 | $1.56 | $685.1K | 435.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 2724 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.57 |
Change
-0.020 ( 1.26 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.60 | $1.56 | 17710 | ||
| Last updated 15.16pm 14/06/2024 ? | |||||
| KCN (ASX) Chart |